The three Tetra Laval indu​stry groups have
operations and representatives in more
than 170 countries. It is a decentralised
organisation
but with clear rules and
guidelines. The framework
for Corporate
Governance establishes
the Board’s
requirements and expectations for the
industry groups, and communicates
governance guidelines
throughout the
organisation. The Tetra Laval Group Board
has six primary areas of responsibility.

Development and definition of overall
strategies and policies.

The appointment and succession
planning of senior management.

Corporate governance.

Financial and operational control.
An Audit Committee and a Remuneration
Committee support the Board in
these functions.

The Board defines financial targets for
the Group’s different operations and
for total resource allocation within the
industry groups.

The Tetra Laval Group Board schedules
four regular meetings each year and
when circumstances require, additional
meetings are held.

Related links

Lars Renström

Chairman of the Board since 10 June 2016.

Lars Renström joined the Board as non-executive
director in 2013. Lars Renström was President and
CEO of the Alfa Laval Group 2004 - 2016. He has
previously held positions as President and CEO of
Seco Tools, President and head of Atlas Copco’s
Rock Drilling Tools division and head of Ericsson’s
Telecom Cables Division. He is currently also Chairman of the Board of Assa Abloy AB

Paul Conway

Vice Chairman of the US-China Business Council
and board member of the US-India business council.
In his 36 year Cargill career worked mainly in Food &
Agriculture supply chain businesses in East & West
Europe, Asia and the USA. He had Executive supervision of Asia-Pacific as well as Strategy & Capital allocation and approval. Paul has been a frequent speaker on Food Security & Sustainability issues worldwide.

Nigel Higgins

A non-executive director since 1st August 2016.

Nigel Higgins is Managing Partner and has been
Chairman of the Executive Committee of Rothschild
& Co since 2010. He has worked at Rothschild since
graduating from Oxford University in 1982.He was a
member of the Advisory Board for the Commercial
Directorate of the UK’s National Health Service from
2002-2007. He is a member of the Trilateral Commission. He is Chairman of Sadler’s Wells, the world’s No. 1 venue dedicated to international dance.

Ola Källenius

A non-executive director since 1st June 2016.

Ola Källenius is currently a member of the Board of
Management of Daimler AG, responsible for Group
Research and Mercedes-Benz Cars Development.
He was appointed to the Board of Management of
Daimler AG effective January 1, 2015 and was responsible for Mercedes-Benz Cars Marketing and
Sales until December 31, 2016. Before his assignment in Marketing & Sales, he was the CEO of the performance and sports car division Mercedes-AMG GmbH for three years after having led Mercedes-Benz U.S. International, Inc., the Mercedes-Benz SUV production plant in Alabama, as its CEO in 2009.From 2005 - 2009 Ola Källenius was the Managing Director of Mercedes-Benz HighPerformanceEngines Ltd. in Brixworth, UK -
Daimler’s Formula 1 powertrain operation. He assumed this position after his role as Executive Director of Operations for McLaren Automotive Ltd. in 2003 through 2004.

Jorma Ollila

A non-executive director since January 2013.

Jorma Ollila is Chairman of Outokumpu since 2013.
He was Chairman the Board of Directors of Royal
Dutch Shell plc 2006 – 2015, Chairman of Nokia
2006-2012, Chairman and CEO, Chairman of the Board of Directors and Group Executive Board of
Nokia Corporation 1999-2006, President and CEO,
Chairman of the Group Executive Board of Nokia
Corporation 1992-1999. He is Vice Chairman of the
Board of Directors of Otava Books and Magazines
Group and Member of the Board of Directors of the
University of Helsinki, Chairman of the Boards of Directors and the Supervisory Boards of the Research
Institute of the Finnish Economy ETLA and Finnish
Business and Policy Forum EVA. He is Advisory
Partner of Perella Weinberg Partners as of 2014. He is
Chairman of Miltton as of 2015 as well as Chairman
of the Board of Xinova Management Company LLC
since 2016. Board member of TBG AG since 2016.

Dr. Bernd Pischetsrieder

A non-executive director since 1999.

He is Chairman of the Supervisory Board of
Münchener Rückversicherungs-Gesellschaft, Aktiengesellschaft in München Dr. Bernd Pischetsrieder has been Chairman of the Board of Management of Volkswagen AG from 2002 to 2006. He has been Chairman of the Board of Directors of Scania AB, Sweden from 2002 to 2007. Dr. Pischetsrieder is a member of the Supervisory Board of Daimler AG since April 2014.

Finn Rausing

A non-executive director of the Tetra Pak Group
Board from 1985 to 1989 and of the Tetra Laval
Group Board from 1995.

Finn Rausing, who is the chairman of the Audit
Committee of the Tetra Laval Group Board, is also a
board member of Alfa Laval AB, DeLaval Holding
AB, EQT AB, Excillum AB and SwedeShip Marine
AB. Mr. Rausing is also chairman of the Stockholm
Institute of Transition Economics (SITE).

Jörn Rausing

A non-executive director of the Tetra Laval Group
Board since 1991 (an alternate director of the Tetra Pak Group Board since 1985).

Jörn Rausing is the chairman of the Remuneration
Committee of the Tetra Laval Group Board and head
of Mergers and Acquisitions in the Tetra Laval Group.
He is also a board member of Alfa Laval AB, DeLaval
Holding AB Ocado PLC and a Member of the Board
of Governors of the Museum of London.

Kirsten Rausing

An alternate director since 1985 and a non-executive
director since 1991.

Kirsten Rausing is a Member of the Jockey Club
and a Director of the British Bloodstock Agency. In
addition, Ms. Rausing is the Hon. President of the
European Federation of Thoroughbred Breeders’
Associations (Paris). She was a Trustee of the newly
formed Racing Foundation (UK) from 2012 to 2017;
this Foundation handles the proceeds of the British
Government’s sale of the Totalisator Board. In January 2017 she was elected Chairman of The International Thoroughbred Breeders’ Federation, a world-wide organisation with over 40 member states.

About Tetra Laval

The Tetra Laval Group consists of three industry groups, Tetra Pak, Sidel and DeLaval, all focused on technologies for the efficient production, packaging and distribution of food.